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By Karl Sinclair
Feb. 17, 2025, © Leeham News: Howmet Aerospace (HWM), a supplier to Airbus, Boeing, and other aerospace companies, last week reported sharply improved earnings for 2024.
Howmet is a Pittsburgh (PA)-based aerospace manufacturer, generally classified as a Tier 2 supplier. It produces components for engines, aluminum and titanium structures, fasteners, and other aircraft components.
On the Feb 13, annual earnings call, Howmet Executive Chairman and CEO John Plant remarked that he expects that Howmet will be well positioned to deal with the effects of the tariffs instituted by President Donald Trump, due to the strong contracts it has. Any costs incurred in those respects will be passed onto its customers.
Howmet is segmented into four divisions: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.
